STATE TIMES NEWS
JAMMU: Observing that during the Back to Village-4 and My Town My Pride Programme, J&K Bank ensured a major share of 90 per cent in extending the financial support to 75,000 youth recently against merely 10 per cent contribution by other banks, Lieutenant Governor Manoj Sinha on Thursday called for changing this situation and asked all the Banks to increase the lending to promote entrepreneurship amongst youth, women and people from marginalised sections of society.
Sinha discusses widening of Shri Amarnathji Yatra tracks
JAMMU: Lieutenant Governor Manoj Sinha on Thursday chaired a meeting of the officers from the UT administration and Border Roads Organization here.
K N Rai, Member of Shri Amarnathji Shrine Board; Shailendra Kumar, Principal Secretary, Public Works (R&B) Department; Brig Saket Singh, Chief Engineer, BRO; Akshay Labroo, Additional Secretary to Lt Governor, Rahul Singh, Additional Chief Executive Officer, SASB were present. During the meeting, the Lt Governor sought the details of the scope of work to be undertaken for the widening, restoration and maintenance of both the stretch of yatra track that has been handed over to BRO. The Lt Governor was apprised on the scope of work, surveyed via drone. The Lt Governor impressed upon the BRO to complete the works within the specified timeframe.
“Banking sector is the backbone of J&K’s growing economy and collective efforts should be made to facilitate common man, farmers, industries, SHGs and young entrepreneurs. Banks need to cooperate and complement government’s efforts in reaching out to beneficiaries of all flagship schemes,” the Lt Governor said while chairing a high-level meeting of Public Sector Banks, Administrative Departments and other Financial Institutions at Civil Secretariat.
He directed the Public Sector Banks and other financial institutions for dedicated measures to ensure government benefits directly reach the people and put greater emphasis on lending for potential entrepreneurs, farmers, SHGs and rural development.
The Lt Governor reviewed the action taken on the directions passed in the previous meeting on seamless credit to potential entrepreneurs and saturation of other government schemes aimed to facilitate the dreams of aspiring society.
He also took stock of the progress achieved to extend the benefits of Kisan Credit Cards to all the eligible farmers.
The banks were instructed to follow the delivery channels of RBI and saturate the distribution of Smart Cards to the KCC account holders by June, 2023.
The Lt Governor emphasized on support and guidance to the farmers in preparing project reports required by the banks through nodal agencies. He also emphasized on holding regular meetings at the district level with mission youth & other government departments to understand requirements of diverse sectors, the Lt Governor added.
The Chair was also briefed on the upcoming ‘Citizen’s portal for Government Sponsored Schemes’. The soon to be launched portal, prepared by J&K Bank will ensure that all the Banks operating in Jammu Kashmir seamlessly extend all the benefits of government schemes to the eligible beneficiaries.
The portal will enable a citizen to apply for a Government Sponsored Schemes directly online with OTP Authentication and check the status of his/her application online.
It will forward/route the applications from citizens to appropriate departments & teams in an integrated workflow and enable departments & teams to process and forward/route these applications to the concerned financing agencies.
Further the financing agencies can update status for these applications post processing. It will also facilitate generation of MIS/Reporting Dashboards, it was informed.
Directions were passed to explore possibilities to integrate all the schemes and other portals on a single platform and make the portal more interactive, multilingual and having a module of grievances redressal mechanism.
Dr Arun Kumar Mehta, Chief Secretary; Atal Dulloo, Additional Chief Secretary, Agriculture Production Department; Baldev Prakash, MD & CEO J&K Bank; Administrative Secretaries; HODs, Heads and representatives of several banks operating in the UT attended the meeting.